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Description: In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.” In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.” In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the enterta
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In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.”
During the supply chain woes that plagued the global economy in 2020 and 2021, the Federal Reserve Bank of New York put together what it called the Global Supply Chain Pressure Index (GSCPI) . The latest version of the index both highlights the size of those disruptions and also suggests these pressures have now faded away.
Here’s the index from 1997 up through May 2023. The spikes in supply chain in spring and summer of 2020, and then again in late 2021 and into 2022, are apparent. The decline to usual levels in the last few months is also clear.
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